Our Company

ReNu Energy Limited is a publicly listed company, incorporated and domiciled in Australia. ReNu Energy, formerly Geodynamics listed on the Australian Securities Exchange (ASX) in September 2002.

We are a clean energy products and services company with strong commercial and technical capability in the clean energy and associated utility and infrastructure sectors.

In 2015 Geodynamics acquired biogas company Quantum Power Limited.  Quantum Power is a developer of renewable biogas energy systems for the Australian agribusiness and food manufacturing industries. Geodynamics has broadened Quantum’s offering to include solar PV, battery and hybrid systems.

 

ReNu Energy is actively engaged in the analysis of a number of transformational opportunities that will build on the biogas business and deliver shareholder value.

In October 2016 the Company announced the re-branded to ReNu Energy, the new name was approved by shareholders at the November 25 AGM.

Our mission

"To deliver innovative clean energy products and services to our customers, creating sustainable value for our shareholders. "

The company will create shareholder value through delivery of the following strategic objectives:

 

STRENGTHEN THE COMPANY’S POSITION AS A DIVERSIFIED CLEAN ENERGY COMPANY

  • Re-brand the Company to ReNu Energy and subject to shareholder approval rename Geodynamics Limited to ReNu Energy Limited
  • Develop additional clean energy products and services

ESTABLISH QUANTUM POWER AS THE BRAND OF CHOICE FOR ENERGY GENERATION IN THE AGRICULTURAL SECTOR

  • Strengthen the Company’s position as a provider of biogas energy generation by securing additional projects
  • Broaden the offering to include solar PV, battery storage and hybrid energy solutions

SECURE AND STRENGTHEN THE BALANCE SHEET

  • Surrender Geothermal Retention Licences in the Cooper Basin
  • Secure debt facilities for a portion of future project capex

SECURE A TRANSFORMATIONAL OPPORTUNITY

  • Secure transformational opportunities that will build on the Quantum Power business and deliver shareholder value